Latest news with #MaskGun
&w=3840&q=100)
Business Standard
4 days ago
- Business
- Business Standard
SuperGaming raises $15 mn Series B to take Indus Battle Royale global
SuperGaming, a Pune-based game development studio, has raised $15 million in a Series B funding round at a valuation of $100 million. The round saw participation from investors including a16z Speedrun, Bandai Namco 021 Fund, GFR Fund, IVC Japan, Neowiz (Korea), (Brazil), Barings, and Steadview Capital. Web3 ecosystem stakeholders such as Polygon Ventures, Sandeep Nailwal, 4th Revolution Capital, 32-Bit Ventures, King River Capital, Ryze Labs, Ed3n Ventures, Gabby Dizon, Santiago R Santos, Emfarsis, Cristian Manea, and Visceral Capital also participated. The company saw returning backers, including lead investor SkyCatcher, AET Japan, and BACE Capital, invest in the Series B round. The company will also focus on scaling SuperPlatform, developed in partnership with Google Cloud. 'The sophisticated, cloud-based SaaS solution is meticulously designed for building and managing global, hyperscale, real-time multiplayer games for lower-end devices in emerging markets,' the company said in a statement. SuperGaming's portfolio includes games such as MaskGun, Battle Stars, Tower Conquest, and Silly Royale, which together have over 200 million installs. The Indo-futuristic Battle Royale Indus has garnered over 9 million downloads across Google Play Store and the App Store for iOS. SuperGaming was founded by Roby John, Sreejit J, Navneet Waraich, Christelle D'Cruz, and Sanket Nadhani. It has over 120 employees in Pune and Singapore.
&w=3840&q=100)
Business Standard
5 days ago
- Business
- Business Standard
SuperGaming raises $15 mn in fresh funding at 5 times higher valuation
Homegrown online gaming company SuperGaming has raised $15 million in a fresh funding round at nearly five times the valuation of its previous round around 4 years ago, a top official of the company said on Wednesday. SuperGaming CEO and Co-Founder Roby John told PTI that the company had raised $5 million at a valuation of $21 million in 2021. The fresh funds have been raised at an enterprise valuation of about $100 million, he added. The fresh funding round was led by Skycatcher and Steadview Capital, with support from global strategic investors such as a16z Speedrun, Bandai Namco 021 Fund and Neowiz, as well as notable Web3 Investors, including Polygon Ventures. The round also saw strong participation from Web3 ecosystem pioneers like Polygon Ventures, Sandeep Nailwal, 4th Revolution Capital, 32-Bit Ventures, Ryze Labs, Ed3n Ventures and Visceral Capital. Existing investors SkyCatcher, AET Japan, and BACE Capital also participated in the new round. The maker of Indian shooting games MaskGun and Indus Battle Royale plans to use the funds for global expansion, targeting game developers and publishers in emerging markets who lack resources to build comparable proprietary backend technology. John said that the company has adopted a hyper-local strategy to develop games reflecting under-represented cultures in other parts of the world, including the Middle-East and Latin America. The company plans to initially launch the game in Latin America in partnership with "We see a market of $5 to 7 million from the business Indus is doing, but in the emerging markets, revenues are expected to be 3 times better than what we do inside of India. In markets like Brazil or even in Europe, we are seeing that monetisation is 3 to 5 times better," John added. In a statement issued by Supergaming on the fundraise, Skycatcher Founder & Fund Manager, Sia Kamalie said that the firm led SuperGaming's Series A round in 2021 and is now leaning into their original thesis with a recent financing round.
Time of India
5 days ago
- Business
- Time of India
SuperGaming raises $15 million in fresh funding at five times higher valuation
SuperGaming CEO and cofounder Roby John told PTI that the company had raised $5 million at a valuation of $21 million in 2021. The fresh funds have been raised at an enterprise valuation of about $100 million, he added. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Homegrown online gaming company SuperGaming has raised $15 million in a fresh funding round at nearly five times the valuation of its previous round around 4 years ago, a top official of the company said on CEO and cofounder Roby John told PTI that the company had raised $5 million at a valuation of $21 million in fresh funds have been raised at an enterprise valuation of about $100 million, he fresh funding round was led by Skycatcher and Steadview Capital, with support from global strategic investors such as a16z Speedrun, Bandai Namco 021 Fund and Neowiz, as well as notable Web3 Investors , including Polygon round also saw strong participation from Web3 ecosystem pioneers like Polygon Ventures, Sandeep Nailwal, 4th Revolution Capital, 32-Bit Ventures, Ryze Labs, Ed3n Ventures and Visceral investors SkyCatcher, AET Japan, and BACE Capital also participated in the new maker of Indian shooting games MaskGun and Indus Battle Royale plans to use the funds for global expansion, targeting game developers and publishers in emerging markets who lack resources to build comparable proprietary backend said that the company has adopted a hyper-local strategy to develop games reflecting under-represented cultures in other parts of the world, including the Middle-East and Latin company plans to initially launch the game in Latin America in partnership with see a market of $5 to 7 million from the business Indus is doing, but in the emerging markets, revenues are expected to be 3 times better than what we do inside of India. In markets like Brazil or even in Europe, we are seeing that monetisation is 3 to 5 times better," John a statement issued by Supergaming on the fundraise, Skycatcher Founder & Fund Manager, Sia Kamalie said that the firm led SuperGaming's Series A round in 2021 and is now leaning into their original thesis with a recent financing round. PTI
News18
5 days ago
- Business
- News18
SuperGaming raises USD 15 mn in fresh funding at 5 times higher valuation
Agency: PTI Last Updated: New Delhi, Aug 6 (PTI) Homegrown online gaming company SuperGaming has raised USD 15 million in a fresh funding round at nearly five times the valuation of its previous round around 4 years ago, a top official of the company said on Wednesday. SuperGaming CEO and Co-Founder Roby John told PTI that the company had raised USD 5 million at a valuation of USD 21 million in 2021. The fresh funds have been raised at an enterprise valuation of about USD 100 million, he added. The fresh funding round was led by Skycatcher and Steadview Capital, with support from global strategic investors such as a16z Speedrun, Bandai Namco 021 Fund and Neowiz, as well as notable Web3 Investors, including Polygon Ventures. The round also saw strong participation from Web3 ecosystem pioneers like Polygon Ventures, Sandeep Nailwal, 4th Revolution Capital, 32-Bit Ventures, Ryze Labs, Ed3n Ventures and Visceral Capital. Existing investors SkyCatcher, AET Japan, and BACE Capital also participated in the new round. The maker of Indian shooting games MaskGun and Indus Battle Royale plans to use the funds for global expansion, targeting game developers and publishers in emerging markets who lack resources to build comparable proprietary backend technology. John said that the company has adopted a hyper-local strategy to develop games reflecting under-represented cultures in other parts of the world, including the Middle-East and Latin America. The company plans to initially launch the game in Latin America in partnership with 'We see a market of USD 5 to 7 million from the business Indus is doing, but in the emerging markets, revenues are expected to be 3 times better than what we do inside of India. In markets like Brazil or even in Europe, we are seeing that monetisation is 3 to 5 times better," John added. In a statement issued by Supergaming on the fundraise, Skycatcher Founder & Fund Manager, Sia Kamalie said that the firm led SuperGaming's Series A round in 2021 and is now leaning into their original thesis with a recent financing round. PTI PRS DR DR (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
